PPP Loan information for Hig's restaurant

$71,092

Hig's restaurant was initially approved for PPP Loan of amount $71,092, the current approved amount is $71,092. The loan was approved on 04/14/2020 by The The Bank of Milan reported 25 jobs and $71,092 was used to fund payroll.

Hig's restaurant is Existing or more than 2 years old

PPP Loan Search / TN / MILAN / Hig's restaurant

HIG'S RESTAURANT

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HIG'S RESTAURANT

Borrower Address

1027 Oakwood Dr.

Borrower City

MILAN

Borrower State

TN

Borrower Zip

38358-3005

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71092.00

Current Approval Amount

71092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118852

Servicing Lender Name

The Bank of Milan

Servicing Lender Address

2011 E Van Hook St

Servicing Lender City

MILAN

Servicing Lender State

TN

Servicing Lender Zip

38358-2848

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILAN

Project County Name

GIBSON

Project State

TN

Project Zip

38358-3005

CD

TN-08

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7500.00

Payroll Proceed

59592.00

Mortgage Interest Proceed

4000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

118852

Originating Lender

The Bank of Milan

Originating Lender City

MILAN

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71680.48

Forgiveness Date

02/10/2021

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